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KONEČNÝ, Z.
Original Title
Liquidity of the company depending on the corporate- and market life cycle
Type
conference paper
Language
English
Original Abstract
The main aim of this article is to show, whether the market position of the company, which flows from the combination of the phases of corporate- and market life cycle, has an influence on the liquidity of the company. To solve this problem there is used the method of analyzing the secondary data, that are got from the financial reports of selected companies and from the analytical materials by the Czech Ministry of Industry and Trade. The phases of corporate- and market life cycle are identified according to the model by Marc Reiners (2004). There was found out, that the highest liquidity is kept in companies in the phase of decline during market decline. On the contrary, the companies in the phase of stabilisation during market decline keep the lowest liquidity.
Keywords
business driver, business follower, business pioneer, corporate life cycle, liquidity, market life cycle, market position
Authors
RIV year
2011
Released
2. 12. 2011
Publisher
PEF MZLU
Location
Brno
ISBN
978-80-7157-743-0
Book
PEFnet 2011
Pages from
350
Pages to
358
Pages count
9
BibTex
@inproceedings{BUT75274, author="Zdeněk {Konečný}", title="Liquidity of the company depending on the corporate- and market life cycle", booktitle="PEFnet 2011", year="2011", pages="350--358", publisher="PEF MZLU", address="Brno", isbn="978-80-7157-743-0" }